Single Family Resales Up 18% in November, Prices Down

Single Family Resales Up 18% in November, Prices Down

Sales of existing single-family homes in Leon county increased 18.0% when compared to numbers sold in the same month one year ago. There were 183 single-family home resales in November 2018 and 216 resales in November 2019. Last month there were 251 existing single-family homes sold.

The average sales price in November 2019 decreased 4.9% to $265,638 from $279,463 one year ago.

Annual trends show that single-family home sales increased to an annual rate of 3,193 in November, up from the 3,160 reported last month. The annual rate of sales is 3.5% above the annual rate of 3,084 reported a year ago.

The chart below shows the annual rate of single family sales in Leon county over the last 24 months.

The average price of homes sold over the last twelve months in Leon county was $261,615. This is 0.7% above the $259,668 sales price reported one year ago.

The average sales price chart below shows the 12-month and 3-month average sales price of single-family homes in Leon county over the last two years.

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